Burger King NNN Property For Sale — Lee's Summit, MO · 4,011 SF
Lee's Summit, MO 64063
Featuring an absolute triple-net Burger King property with over 14 years of lease term remaining. The lease is guaranteed by TK Midwest South II, LLC, wholly owned by Tasty King, LLC, an established regional franchisee operating approximately 57 Burger King locations and affiliated with Tasty Restaurant Group, LLC, which oversees more than 400 multi-brand restaurants nationwide. Burger King has operated at this location since 2006, demonstrating long-term operational success and commitment to the site. The lease provides built-in hedge against inflation with 7.50% rental increases every five years, along with four five-year renewal options. Strategically positioned along Route 291 with exposure to over 14,600 vehicles per day, the site benefits from close proximity to Interstate 470, St.…
- Address: Lee's Summit, MO 64063
- Asking price $2.51M
- 6.00% cap rate
- NOI $150,493
- 14.2 years remaining
- NNN lease
- Year built: 2006
- Building size: 4,011 SF
- Rent increases: 7.50% every 5 years
- Guarantor: Corporate
Location
This Burger King property is in Lee's Summit, Missouri.
Asset type: QSR